I was writing a blog post on emerging trends in crypto for this week but had to quickly shift gears to focus on restaking instead.
The reason: Symbiotic, a major competitor to Eigenlayer, just launched and deposit caps of $200 million are nearly reached within a day. Emerging trends can wait, but high-yield farming opportunities cannot.
Along with Karak, we now have three restaking protocols. So, what’s happening, how are they different, and what should you do about it? But first, airdrop farms of the weeek.